/biz/ - Business & Finance

>>56703716
Probably because the of the DEEZ factor

>>56703716

honestly
I think its all fake
When it goes down, it will be because they want it to go down

>>56703716
because cycle is cycle afterall

>>56703716
The crypto ecosystem is an off-vent for entropy, a direct result of volatility suppression in the trad-fi system. This is evident in the behavior of traders in both ecosystems as well, where active daytraders and market makers in tradfi effectively act to mitigate volatility through enhanced liquidity, whereas crypto traders are effectively agents of entropy propagating extreme cyclic price action.

>>56704159
good points
>>56703716
its dawned on those in the traditional macro that there needs to be an asset that inflates forever...moreover this must be a "pure asset" and not just another debt instrument construction.
remember all balance sheets must equal 0 at end...and thus there needs to be an ever inflating asset on that side of the calculation

>>56703716
https://vocaroo.com/1bKBQ2h7vd89

>>56704198
>remember all balance sheets must equal 0 at end...and thus there needs to be an ever inflating asset on that side of the calculation
This is dumb anon. Completely ignores the supposed law of supply and demand. Even if the money in the system did not inflate, if the supply of w/e you are talking about increases, then the price should be going down to account for it, having an ever inflating asset causes a defeat in supply and demand, something that the current system seems to espouse

>>56703716
because the correlation to macro should never have existed in the first place
and probably can be blamed on pure manipulation by ftx
funny how since they died things started going back to normal

>>56704278
the current financial system is a "debt money" system. its just debt piled on more debt.
the treasury issues a bond (debt) that the federal reserve buys using a "note" (debt buying debt).
those notes become the "currency" of the system. there are no "assets" strictly speaking
traditionally that was gold's use....it was the counterbalance so if the debts (money) totalled 1T in old system then price of gold could be calculated as total debt/money divided by total gold oz held.

this system fell apart because using rocks are dumb in a largely digital system.
its dawning on wall street that we have ability to move back to this system but in an all digital format.

>>56703716
>overwhelmingly negative macro
fed has paused hikes until next year and will decrease the rates. that's not negative. war is aslo positive

>>56704159
>>56704636
There's also significant cognitive dissonance wrt this, where people see relatively shitty macro data and see markets pumping, but important to remember that over the last 2 years real market return is still negative despite significant nominal returns. feel this explains lots of the vibecession or w/e term you want to use

>>56704062
smartest reply ITT
when the CIA fags like Raoul Pal and Saylor start trying to hype up crypto that means a crash is near

>Why has crypto been so resilient in the face of overwhelmingly negative macro? What changed?
Because it's a cult now. Cult mentality don't care about macro, they aren't in it for any rational reason, in fact for many of them it's not even about profit anymore. It simply has become their whole personality to buy, buy, buy, buy, buy and then buy, no matter the circumstance, reinforced by members of the cult congratulating each other about it in a circlejerk.

Such mentality dies hard. It will take years, maybe even decades, for it to die down completely as people finally get disillusioned and the supply of new members drying up.

>>56703716
FTX was just a patsy, a ruse. we all know what really caused BTC to skyrocket and rug. we all know what banking institutions allowed so much BTC to be transacted into billions of cash practically overnight. We all know it will happen again whether or not the SEC approves BTC ETFs in the future. At least I hope you retards all know

>>56704062
>>56704838
no, you two are dumber than bricks
the CEX market is actually impossible to manipulate, the arbitrage is too fast and the spread is huge, 24/7 across the globe
nobody can do it

the sooner you accept that, the faster you will understand why crypto is so good, even when dealing with CEX shit

>>56703729
which crypto is deez?

>>56704986
retail cult mentality does not move price for more than a month and only during FOMO/ hysteria
the market is not ignoring macro, the bad macro overall signals into a crpyto buy in, it's more of a safe haven than bullion shit and boomer value-stocks (aka dump stocks)

>>56703729
deez what?

>>56704986
seething nocoiner kek. just admit you are an emotional midwit and missed the opportunity of a lifetime.

>>56704636
good point as well
a pause is dovish because prices are nowhere near pre-pandemic, just signal of defeat from central bank shitters, again, for the 100th time

>>56705147
This is one of the most retarded posts I’ve ever read on 4chinks. And I’ve been here since the 80s.

>>56705177
educate yourself, you seething mongoloid
you are just a woman brained retard, emotional and glued to a narrative that was sold to you
https://www.sec.gov/comments/sr-nysearca-2019-01/srnysearca201901-5164833-183434.pdf

go on, read it
it's not that long, I believe in you

crypto CEX = harder to manipulate than FX and securities exchnages
you read that right
read it again

>>56705191
>crypto CEX = harder to manipulate than FX and securities exchnages
Oh like FTX?

Checkmate homosexual

>>56703716
Life isn't all that complicated.

>>56703716
paperhands went bankrupt

>>56705163
>retail cult mentality does not move price for more than a month and only during FOMO/ hysteria
Who said anything about just retail? "Institutional" investors are equally capable of being caught in a cult mentality and buy for irrational reasons. Just look at Michael Saylor.

>>56705166
Actually I have owned and indeed earned quite a bit from crypto. First bought bitcoin in 2011. I think that extensive experience with the community is precisely why I see it for its true colors at this point.

>>56705191
That’s some great material, thanks for sharing. You’re still a homo though.

>>56705147

It's simply because the macro really isn't nearly as bad as the media/influencers are making it out to be. All of you are getting gaslit into believing it's super bad so you can panic sell. The rich will scoop up the cheapies and become richer, while you will become poorer. A tale as old as time, richies gaslighting poorfags (using not just words but manipulated data and narratives as well) and continuing to score win after win.

>>56703716
Fiat currencies are inflating like crazy. The price of 1BTC relative to the size of the US M2 money supply peaked in 2017.

paperhands went broke being fkn loser jeets, kek

also more promising things in memecoin crypto wit 4chan’s memecoin and others

>>56703716
Fed keeps fucking it up, crypto won't ever crash

Simple as

>>56704062
It is all fake, thank fiat for that, at least many coins have PoW and that brings in more confidence than any politicians with a photocopy machine

>>56705165
deez nuts

Think fifth dimensionally for a femtosecond:
1) Hyperbitcoinization eliminates parasitic economic transactions by enforcing positive sum gaming
2) Increasing BTC value pushes us closer to hyperbitcoinization realities
3) Increases in value of BTC translates to DIRECT increases in worldwide economic efficiency by granting greater economic influence to positive sum actors

BTC bootstraps itself being both safe haven, a politically, cryptographically, and financially fixed unit of account, and risk asset (literally sponge) this creates a positive feedback loop under expansitory regimes. As futures where BTC gains value outperform futures where it does not (by granting greater economic influence to positive sum actors), BTC will gain value in all realities which operate under fiat/debasement systems. Bitcoin is an inevitability.

>>56703716
Every market is being propped up because any market collapse anywhere in the West or China/Japan will cause literally everything else to collapse catastrophically, too. It's why we keep inexplicably avoiding a government shutdown, too, even though a fair appraisal of circumstances would say that one is way more likely now than times in the recent past when it actually did happen.

>>56704575
>this system fell apart because using rocks are dumb
You are the midwit. The system crashed because it was a parasitic grift. Monetary expansion is always parasitic, for what is created when new money is created other than a claim on existing resources? Instead of returning to real money you filthy normie wagie debtslaves allowed yourselves to be let further and further down the path of fake and gay expansitory regimes that granted greater and greater economic control to the incompetent parasitic oligarchs. But thankfully this path is self-pruning, greater inefficiencies grants greater reward to creating solutions, the crash is well underway, bitcoin IS the deflationary crash

>>56703716
>buy low and sell high
wow, great advice thanks!!

>>56704986
>he's such a good slavemind he views freedom as a cult

>>56705191
Indeed. It's why the SEC has been dragging it's feet on spot ETFs for so long, they're scared shitless of a real market

>>56705236
>tried to manipulate the BTC market
>utterly destroyed in short order
Yes, exactly like FTX

>>56705165
NOOO!!! Don't do it!

>>56705517
NOOOOOOOOOO

>>56705147
you really think an organic market is influencing things? you really think the money behind all those lightning fast algorithms that run the market is some anon living in a basement or johnny boomer the weekend investor?

even the pajeets have some insight that if they catch a whiff of what a whales planning they'll make money. you'd have to be a sensory deprived to believe otherwise

>>56705154
>>56705165
DEEZ NUTS

Every single market is fact and made by market makers exerting pressure in one direction or another. Crypto is 'resilient' because the whales need it to not go to 3500 where there is a gap which leaves bitcoin open to a massive correction.

the crypto bear market is honestly just getting started. you're gonna wanna see total altcoin death and dave ramsey running ads on /biz/ when the real bottom is in. when you hear roasties bragging about how they never bought one, that's the buying opportunity.

>>56705876
The world is an anarchy, always has been, that's the secret you dull little statist